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Notiziario Marketpress di
Giovedì 29 Maggio 2003 |
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EBA CLEARING LAUNCHES STEP 2 THE FIRST PAN-EUROPEAN ACH FOR RETAIL PAYMENTS
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Milano, 29 maggio 2003 - The Eba Clearing Company has launched the first pan-European Ach-service for retail payments in the Single Euro Payments Area (Sepa). Over the coming months 53 pilot banks will connect to the system. The launch, ahead of the entry into force of the Ec Regulation 2560/2001 on cross-border payments, means that the participating banks across Sepa will be in a position to offer their clients a reliable, rapid and very cost-effective euro clearing service for Regulation-compliant transfers. Step2 has been developed together with Sia S.p.a. As technology partner and with Swift as messaging partner. Step2 is able to transact in its initial configuration up to 5 million payments per day. Step2 has been developed in a record period of 10 months. With Step2, the Eba Clearing Company now offers a comprehensive clearing and settlement service to the banks in the Eu for both their single high-value payments and their retail mass payments. Since 1998, the Clearing Company has been working consistently on infrastructure developments that help the banks reducing costs and meeting their customers´ new requirements in a Single Currency Area. "The launch of Step2 marks another historic day for the Eba Clearing Company", said Willy Scheerlinck, Chairman of Eba Clearing. "We are very pleased with the industry´s recognition of Step2. Banks participating in Step2 will be in a better position to meet the new requirements posed by the Single Euro Payments Area, be they at the level of customers´ needs or regulatory constraints." Gilbert Lichter, Ceo of Eba Clearing, pointed out that "Europe urgently needed a pan-European infrastructure to handle retail payments in a speedy and low-cost manner. We were quite eager to take up this challenge. Today we are delighted that we can demonstrate our readiness well in advance of the implementation of the Ec´s Regulation on cross-border transfers." "Sia committed to delivering the Step2 service in May 2002. In cooperation with the Eba and Swift, Sia delivered in 10 months time - as planned - a 50 man/year technology project, showing the company´s credibility and total commitment. We are proud to be Eba´s partner in delivering this service, the first of many others to be developed for building a unique Single Euro Payment Area (Sepa) in Europe," Renzo Vanetti, Ceo of Sia noted. Johan Kestens, Head of New Business Development, Swift comments, "Swift is pleased to have been able to contribute its core competencies of global reach, open standards and highest levels of security to making Step2 a reality. |
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